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- Types of markets and examples include12:
- Physical markets (e.g., retail outlets)
- Virtual markets (e.g., e-retailers)
- Illegal markets
- Auction markets
- Financial markets
- Market structures (e.g., perfect competition, monopolistic competition, oligopoly, and monopoly)
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Key Takeaways
- A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services.
- Markets can be physical, like a retail outlet, or virtual, like an e-retailer.
www.investopedia.com/terms/m/market.asp- A market structure is the environment in which a business operates and relies on factors like how competitive the market is, how easy it is for a new company to enter the market and how differentiated each company's products are.
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